Prices of industrial premises in the Czech Republic will continue declining

The analysis and prediction of the demand carried out by Colliers International Company shows that in the coming months will decline or at least stagnate a rent in the sphere of industrial property in certain parts of the Czech Republic. The same applies to land prices for industrial buildings. Statistical data also show that most of developers stopped risky speculative constructions and limited planned expansions into new regions. If construction begins still and all, banks require signing future leases on 50 %of the total area at least to offer a credit.